NOT LISTED FOR SALE

Estimated Value: $847,000 - $915,000

2 Beds
1 Bath
917 Sq Ft
$681/mo HOA Fee

Last Sold February 22, 2023

Last sale price $815,000 $889 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,535/month

330 Days on Market

Highlights

  • Rooftop Deck
  • 1-minute walk to Lawrence Street-Metrotech
  • Central Air
  • Pre War Building
  • Entrance Foyer
  • Garage

About This Home

As of February 2023

Residence 3K at BellTel Lofts, the most iconic Art Deco buildings in Brooklyn, is a large and airy loft space that can easily be used as a 1 or 2 bedroom apartment. The large welcoming entry foyer provides enough wall space to display all of your artwork. The spacious living/dining room is perfect for entertaining with it's open plan and plenty of room for a large dining table and separate living area. The kitchen features stainless steel appliances and plenty of cabinets for storage and the bathrooms have custom vanities and impressive fixtures and finishes. There is a washer and dryer in the foyer closet.

Built in 1929 as the headquarter office of the New York Telephone Company, BellTel Lofts was

considered Brooklyn's first skyscraper. The building is a significant example of the art-deco style and was designed by Ralph Walker, who was named architect of the century by the American Institute of Architects and was voted a landmark in 2004.

BellTel Lofts has a concierge and a full-time door person, as well as a garage, garden, children's playroom, lounge, fitness center, and a rooftop terrace, among other amenities.

BellTel Lofts is located in Downtown Brooklyn which is one of the city's most exciting destinations.

Nearby is City Point which has such retail as Trader Joe's, Target, Alamo Drafthouse, and the

sprawling DeKalb Market Food Hall, as well as brand new Willoughby Square Park. The building is near the LIRR station at Atlantic Terminal, multiple subway lines (R, 2/3, Q, B, A/C, F/G and 4/5) and can get you to Manhattan in one stop as well as to all other points in Brooklyn. It is also a short walk to BAM and The Barclay's Center.

The number of bedrooms mentioned above is not a legal conclusion. Each person should consult with their own attorney to make a determination as to the number of rooms in the unit that may be legally used as a bedroom.

Last Listed By

Stephen Filipponi

Compass License #40FI1149681 Listed on: 02/05/2022

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,404

Year Built

  • Built in 1928

HOA Fees

  • $681 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Pre War Building

Interior Spaces

  • 917 Sq Ft Home
  • Entrance Foyer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • West Facing Home
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7501 / 2058

Community Details

Overview

  • Downtown Subdivision
  • 27-Story Property

Amenities

  • Rooftop Deck
  • Community Garden

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,404

Year Built

Built in 1928

Lot Details

0

HOA Fees

$681 per month

Listing Details

  • Cross Street: Myrtle Avenue/Willoughby Street
  • Exposures: West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Downtown
  • Architectural Style: Prewar
  • Entry Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 27

Interior Features

  • Interior Features: Entrance Foyer
  • Appliances: Dryer, Washer
  • Living Area: 917.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Building Garden, Building Roof Deck

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 681.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 27
  • Year Built: 1928

Tax Info

  • Tax Block: 2058
  • Tax Lot: 7501
  • Tax Annual: 7404.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2022
Closed on
Feb 21, 2023
Sold by
Paradine And Fitzgerald 2021 Trust
Bought by
Rodriguez Ostia Lorena and Schwarz Michael
Seller's Agent
Stephen Filipponi
Compass
List Price
$879,000
Sold Price
$815,000
Premium/Discount to List
-$64,000
-7.28%
Total Days on Market
330
Views
4
Current Estimated Value
$889,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,034
Avg. Annual Appreciation
4.07%
Original Mortgage
$611,250
Outstanding Balance
$595,523
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$293,511

Purchase Details

Closed on
Jul 16, 2021
Sold by
Fitzgerald Sue and Fitzgerald Susan
Bought by
Danielle Rosen and Paradine And Fitzgerald 2021 Trust

Purchase Details

Closed on
Feb 29, 2008
Sold by
Metrotech Llc I
Bought by
Fitzgerald Sue and Brian Paradine P

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rodriguez Ostia Lorena $815,000 --
Danielle Rosen -- --
Fitzgerald Sue $570,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Ostia Lorena $611,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2023 02/22/23 Sold $815,000 -5.1% $889 / Sq Ft
01/04/2023 01/04/23 Pending -- -- --
11/29/2022 11/29/22 Price Changed $859,000 -2.3% $937 / Sq Ft
09/06/2022 09/06/22 For Sale $879,000 +7.9% $959 / Sq Ft
08/05/2022 08/05/22 Off Market $815,000 -- --
06/22/2022 06/22/22 Price Changed $879,000 +7.9% $959 / Sq Ft
02/07/2022 02/07/22 For Sale $815,000 -- $889 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,703 $92,493 $10,728 $81,765
2023 $9,560 $88,871 $10,728 $78,143
2022 $5,536 $85,875 $10,728 $75,147
2021 $5,408 $76,727 $10,728 $65,999
2020 $1,770 $84,083 $10,728 $73,355
2019 $1,979 $78,927 $10,728 $68,199
2018 $1,544 $77,185 $10,728 $66,457
2017 $1,365 $69,442 $10,728 $58,714
2016 $1,383 $56,060 $10,728 $45,332
2015 -- $50,248 $10,728 $39,520
2014 -- $47,041 $10,728 $36,313
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10834941

Real Estate Board of New York (REBNY)

APN: 02058-1029